PRIME 100% LEASED INVESTMENT UNTIL 2029

Contact Agent

515-533 Sturt Street

Townsville City QLD 4810

Showrooms/Bulky Goods

FOR SALE

3000m2

Exclusive agents Teresa Skordou and Michael Willems from Ray White Commercial present this outstanding and rare opportunity to acquire three (3) adjoining parcels (in-one-line) totalling an impressive 7,590m2* parcel. The property occupies a high-profile corner location on Sturt Street, only 1km* east of the Townsville city centre.

• A multi-brand car dealership, Nissan has occupied for over 30 years
• Substantial combined land area of 7,590m2*
• Main road frontage of 161m* with easy access
• Annual net income of $650,000* PA + GST + Outgoings
• Long-term lease of 7 years (ending 31/08/2029) with 4 x 5-year
options
• Major $2M* refurbishment completed last year
• Zoned 'Mixed Use' under the Townsville City Plan 2005
• Potential redevelopment opportunities (STCA^)
• Located within close proximity of CBD, Central Village, Queensland
Country Bank Stadium and major arterial roads
• Surrounded by other major brands
• Don't miss this outstanding opportunity

Offered for sale via Expressions of Interest, closing Tuesday 4th April 2023 at 4pm (AEST).

Enquire now for a copy of the Information Memorandum

For further information, please contact the exclusive marketing agents Michael Willems on 0412 240 176 or Teresa Skordou on 0424 054 226.

*Approximately

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.